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DOST’s SET UP gives P114 million funding in 2009 |
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Thursday, 28 January 2010 |
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The Department of Science and Technology, through the Small Enterprise Technology Upgrading Program (SET-UP), funded more than PhP114 million worth of projects for micro, small and medium enterprises (MSMEs) in 2009, according to SET-UP report.
The report identified the 120 approved projects for MSMEs in 2009. SET-UP likewise processed 331 proposals for the year, with a total amount of PhP211,480,420.90.
Among the priority sectors, food tops the list of approved projects for MSMEs, while horticulture/agriculture and metals/engineering tie in second place. Furniture, and gifts, housewares, and decoration (GHD) came in third and fourth respectively, followed by aquatic/marine.
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